Work very closely with recycling is spooking investors. Companies and governments at municipal and national levels. So, how radical is this idea . Juliet phillips is from the environmental investigation agency. You were listening there, as was i to the ceo of unilever. What do you make of the announcement . Well, it is very important that big brands are stepping up and taking unilever, the maker of well known responsibility for their role in the International Brands like persil, plastic pollution crisis. I think domestos and dove, says it for me, the question is, will they will halve its use of new plastics by 2025, and collect or reuse more be absolutely reducing the plastic plastic than they sell. Footprint or will they be focusing it currently produces 700,000 tonnes on shifting from you plastic into of plastic each year. The firm is reponsible for a lot Recycled Content or bio plastics, of the plastic in our homes. Around 2. 5 billion people use unilever products daily, both of which do not really address from a stable of 400 brands from cleaning products to shampoo the root cause of the problem, which to food and on sale is the perpetuation of Single Use Plastics in the market. So from your in 190 countries. Perspective it is not actually a game changer, necessarily . Is it. It is not quite just hope, is recent Research Suggests the Global Market for plastics is continuing to grow at about 3 each year, game changer, necessarily . Is it. It is not quitejust hope, is it . And is expected to be worth almost game changer, necessarily . Is it. It is not quite just hope, is it . |j think the devil is in the detail. We 1. 2 trillion by 2020. Will look to how they reduce the the un warns this is a huge global problem, with the world throwing plastic footprint. We would say best practice to a fundamental use of away 300 million tons prevention and reduction and reduce, of Plastic Waste each year as opposed to just substituting one half of that is for single use purposes. Material for another. Unilever is our Business ReporterColetta Smith asked unilevers boss 00 02 10,225 4294966103 13 29,430 about the firms plans. Just one big Global Company that has made an announcement like that, or such as this, recently. Quite a few companies are making similar announcements. To what extent will this help in the fight against Plastic Waste . Yes, that is right. We have seen a patchwork of commitment so far and i think it is really important that companies do commit to make this change through prevention and reduction and reuse. For the ceo of unilever, one of the points he makes is, ok, we are taking a big step here, and it will bea taking a big step here, and it will be a costly step for unilever. This will cost them more, and that may be passed on to the consumer with higher prices. They didnt say one way or the other. But he did point out that councils need to do more, certainly in the uk, when it comes to unifying how they recycle plastic. Because Different Councils have different methods. Yes, absolutely, i agree. Have different methods. Yes, absolutely, iagree. We have different methods. Yes, absolutely, i agree. We do need consistent recycling across the united kingdom, and we also call on the government to implement targets to make sure it isntjust industry leaders, but all Companies Across the supply chain, introduced that plastic footprint. Because part of the problem for us consumers, and for us as recyclers, is that we are not sure what we can recycle and what we cant. And the labelling isnt that clear either. It is very confusing and it should be much simplerfor people confusing and it should be much simpler for people to know exactly what they should be doing with the Plastic Waste. So from the point of view of companies, what more would you like to see . We would like to see a wholesale transition away from Single Use Plastics and other use Single Use Plastics and other use single materials as well, because these all have an environmental footprint, and a wholesale transition into reusables. One thing that he also said was that swapping from plastic to glass is not necessarily the answer. But actually, recycling glass compared to plastic is not necessarily better for the environment. Your view on that . I think focusing on prevention altogether rather than looking to simply substitute one material for another, you can bypass that problem. But it isnt easy, is it . No, i agree. When you have a bottle of shampoo it is not easy to put that in something other than plastic oi that in something other than plastic or glass, necessarily. There are plastic Free Solutions you can get bars of shampoo these days and things like that. So i think through innovation, companies can go further to look to reduce their plastic footprint altogether. Juliet, thank you for your time. And thank you also for all your comments. Many of you have been quite vocal about the story this morning. For example, we have asked you if you shop or buy goods based on Environmental Policies of Companies Like unilever. Sky says lots of people would like to be ina sky says lots of people would like to be in a position to be selective about what they buy, but cant, because of price, cost and time. Keep your views coming in on a hashtag, bbcthebriefing. Its being reported theres going to be a massive cull at hsbc. The Financial Times says the bank could cut up to 10,000 jobs to cut costs. It employs around 238,000 people around the world and so far has declined to comment on the ft report. Hsbc makes the bulk of its profits in asia. Rico hizon is following the story for us. Just tell us more about this announcement, but has not been made, but could come soon from hsbc . Thats right, it only comes from one source, and that is the Financial Times. Hsbc is an old hand in the region, established in hong kong in 1865. It generates nearly 80 of its profits from asia. And reports say, sally, hsbcs latest cost cutting drive is due to an increasingly complex and challenging Global Environment amid low interest rates, trade conflicts and the uncertainty of brexit. And the cutbacks could be announced when the bank reports its Third Quarter results later this month. And also, sources say, sally, the focus of the redundancies will be mainly on high paid roles and positions in europe as the industry contends with Lower Borrowing costs and weak Investment Banking revenues. The Financial Times report stresses that new interim chief executive noel quinn wants to make his mark on the banks, and the plan is to continue hiring Revenue Generating staff in high growth regions in asia, where there are double digit returns, and reduce the europe headcount. Sally, it isnt just hsbc encountering problems. You also have a number of major global banks slashing costs and jobs this year due to growing Political Uncertainty at a low interest rates. In august, jim uncertainty at a low interest rates. In august,jim and uncertainty at a low interest rates. In august, jim and linda josh bank revealed plans to cut 18,000 jobs across its global offices. German linda josh bank. We also have ba rclays, linda josh bank. We also have barclays, Society General and citigroup also announcing job cuts this year. German lender deutschbank. Now, lets brief you on some other business stories. Talks to resolve a damaging strike at the us car giant gm have broken down. Negotiations between General Motors and the United Auto Workers union stalled on sunday, with diagreement over pay and job security. So far the strike action has cost gm 1 billion in earnings. Flights bringing back the remaining 4,800 thomas cook holidaymakers took off on sunday. The uks Civil Aviation authority launched its operation matterhorn plan after the tour firm collapsed, and has handled the return of almost 150,000 people. Nissan is struggling to fill the leadership vacuum left by the arrest of carlos ghosn. Its reported a rift has emerged between the top executives trying to choose the next leader. Nissans board is expected to meet on tuesday to discuss who will take on the role. A quick look again at the financial markets. I want to mention that in asia today, markets are closed in hong kong, china and sydney, so that has limited trade in asia. The hang seng and the all ordinaries are actually fridays close, but as you can see injapan and elsewhere, in asia, where trading is under way, i am afraid to say it is pretty much losses across the board. Thats it for the Business Briefing this hour. A rapper who was attacked backstage at a bbc music event on saturday night has told his supporters hes well, and will be back in no time. Krept, whos 29, suffered a slash wound at 1extra live in birmingham. He was treated at the scene and the event was ended early. The bbc says its cooperating with the police to establish how it happened. Chi chi izundu reports. Nearly 16,000 people packed out the birmingham arena for the bbc radio1 extra live music show. But the gig was abandoned mid event after an artist was slashed backstage with an unknown weapon and police had made no arrests. The artist in question is krept from the rap duo krept konan. They werent down to perform but are one of the biggest acts in music. He was treated on the scene. On his instagram page, krept thanked his fans and said it is understood there were security concerns ahead of last nights gig and double the amount of security was put in place. The artist and their entourage went through the same airport stop security checks the defensive. There are occasions depending on the artists again for security personal reasons and keeping out of the way of other people. And a statement from the bbc said it remains in close contact with them and will continue to offer its full support. This is the briefing on bbc news. A second Whistleblower Comes Forward in the impeachment case against donald trump. He accuses both of bias. Borisjohnsons to hold a series a phone calls with eu leaders in a bid to win support for his brexit deal proposals. Now, its time to look at the stories that are making the headlines in the media across the world. We begin with the times and borisjohnson who is in last minute talks to save his brexit plan after being warned by european leaders that the deal would not be approved at next weeks crunch summit unless the eus objections are resolved. In the independent business pages, uk businesses who have be stockpiling in case of no deal brexit will not see a brexit dividend or see a boost to the economy if an agreement is reached by the 31st october deadline. The ft report hsbc has embarked on a cost cutting drive that threatens up to 10,000 jobs as its new interim chief executive, noel quinn, makes his mark on the bank. The arab news says iraq was spiralling into chaos as eight more people were killed and 25 injured on a sixth day of protests against corruption, unemployment and failed public services. And finally, on the guardian website, saudi arabia has lifted the arab news says iraq was spiralling into chaos as eight more people were killed and 25 injured on a sixth day of protests against corruption, unemployment and failed public services. And then the guardian website, saudi arabia has lifted some restrictions on women travelling in the ultraconservative muslim kingdom according to the tourism authority. The new guidelines will allow women to rent hotel rooms without a male guardians presence, and foreign men and women will be able to share a room without proof of marriage. With me is Cornelia Meyer whos ceo of mrl corporation, a business consultancy. We talked about the